tv Lou Dobbs Tonight FOX Business December 24, 2012 7:00pm-8:00pm EST
nonsandy charities. are all the sandy charities getting all the moy this year? >> unfortunately when disasters happen there is flood of moneyecause of a good heart of americans and it is appropriate that way, but when it happens right have to make choices where your charitable dollars to go there is tension and some charities that lose out that really need help. of course it is no easy choice for a donor. we recommend i at all possible that you don't forget those charities that are there for you all year-round. gerri: up 7.5% for the big charities. that is an amazing number. ken, thanks for coming on. it is gerri: that's it for tonight's willis report. thanks for joining us, i hope you and your families all have a safe and a very, very merry
lou: there is the least three doubles and lawsuits, however, challenging obamacare, including the requirement that workplace health plans cover birth control. pennsylvania, the latest to announce it will not have the obamacare insurance exchange, becoming the 22nd state to set up the exchange, leaving it up to the federal government government to implement exchanges. the president's health care law was so unpopular when the president signed it into law and it remains absolutely that two years later. apparently nancy pelosi was right about the obamacare program, at least when she uttered these now infamous words, calling for passage of the legislation. >> we have to pass the bill so that you can find out what is in it. away from the father of the
controversy. lou: is getting rid of obamacare so one option for republicans? we will talk with legal analyst peter johnson on the way forward. also, the worsening political crisis in egypt. splitting egypt between those who want the islamic state, governed by sharia law, and those who oppose it. andrew boston this year. the professor and the author of the new book "sharia versus freedom." in the nation's credit rating is at risk. serious proposals to reduce the deficit and really end our national debt. potentially, a significant blow to the obamacare controversial o contraceptive mandate. the eighth circuit court of appeals in the preliminary injunction to stop the mandate for being enforced against the missouri catholic businesswne owners.the li the list of statesst o now, refg to set up state-run health care exchanges for insurance.
it is growing. arizona becomes the latest to telling federal government but it will have to assume the burden of operating the exchange and the cost and the supervision, perhaps even running backstage, bringing the total number of states refusing to set up an exchange under obamacare to 17 states. ten other states remainm undecided as to the course they will take or it will be state, the way, the 17 states havenow e republican governors.ppellate we are joined now by peter johnson. it's great to see you. >> thank you for having me, louu dobbs. lou: what is your reaction totie that injunction against the contraceptive mandate? >> it is a surprisingri, injunction. they lost below mr. pringle bryant and his company.y that a a christian-based company. they say that that is part ofoln their credo. the 10 commandments, the golden
rule, delivering pleasing things to the lord. they say that we don't want to be forced to purchase pills that will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obamacare.ou now come the circuit court is saying nothing can happen until the appeal is theard. lou: as you say, well, -- it iss a short odds proposition to have
got the injunction. how long are the odds to move to the supreme court? >> i think the odds are not good. o end, they are ensuring that the catholic organizationsc orga maintain their religious liberty. and that they are not forced to violate the religious preceptsyp in providing these types of pills. these types of procedures. lou: we have a number of pr lawsuits still pending. where we stand with obamacare? it seems as though the effort ti repeal it through the courts -- theeems as though it is -- >> there are a lot of robust effort. with a lot of christian organizations and it moves itswy way towards the system. at some point, the religiouseli, liberty issue will get the united states supreme court. not particularly in this case, the cases involving the roman catholic church.rch.
we will have this decision eventually.tle lou: very quickly, has little time left here.seventn >> okay. yes. lou: 17 states setting up these exchanges.o it's starting to look like a tremendous problem. >> it is a german this problem. i don't think it they will be able to make their january 14, 2013, date. health care insurance premiums will be more expensive rather than less expensive. it usually means lower prices for consumers, but they're trying to do the opposite. lou: and has been a mess from the beginning. >> it absolutely has. it's only going to get worse. lou: thank you so much, peter johnson. the administration has endangered the life and liberty of americans, including thosezy
killed in benghazi.aria by ignoring sharia law., ndrew joining me now is andrew boston. he's the author of the new book "sharia versusor freedom."shar the legacy of islamict to hav totalitarianism.ith it is great to have you with us. we appreciate it. let's start with the idea that w sharia law, a lot of people dismiss it as a cultural aspects of islamic life. it poses no threat to americans. what are your thoughts? >> sharia law is foundational in islamic society. mand but i it is also an entire political runsm, and here's where it afoul of modern human rights .ightsts unlike the bill of rights.
includes a timeless war doctrine. als the doctrine of jihad. it also rejects basic humandom freedoms by freedom ofof conscience and freedom of speech, and it imposes discriminatory legal regulations against non-muslim minoritiesin and women. it also includes dehumanizing punishments like lashing for alcohol consumption, stoning tou death for adultery andn mutilating punishments as well. lou: is it your view that theren is no way in which american culture can accommodate sharia within a multicultural society? part of which would be the muslims? >> absolutelyut not. certainly not the overtth libery crushing dehumanizing aspects of sharia. unfortunately, it is an whle. integrated whole. it has proven historicallyp very ve difficult for muslims tosherry,
secularize it and to eliminatety the liberty crushing aspects the euro one you wrote that u.s.liby amba policymakers opposed by christopher stevens havelaw sacrificed u.s. lives, ourou as, nation is ignoring sharia lawy and practices. you assert that the islamic totalitarianism, you are saying that it has a tutorial at terry and winter.ave a sular >> we have those that we chosea, to undermine and replace. hosnib mubarak, even the odious qadhafi. yet what is their replacement?n the replacement from the get-goo we actually supported them of muslim brotherhood jihadist to have a supremacist outlook. and we are still, the late ambassador stevens unfortunateln chose to go intofo the jihadisti
hotbed in libya, which dates back to our borders. they were fighting then. thank you so much for being witn us. lou: as the housing market really recovering? $17 trillion is riding on the answer. thes ceo of charles schwab joins us next the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes!
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$82 bi lou: foreign buyers are helping to boost our housing msarket. those buyers accounted for billn $82 billion in home sales over the past year. 9 billion of those dollarschines coming from the chinese. t second only to those canadians, as the largest one homebuyers in presidenntry. the io and president ofao citimortgage, he is joining us the ov let's start with the overaller robustness come to power of thit recovery. is it too strong of a language to join these concepts?18 out o >> the housing is recovering on a sustained basis. eighteen out of 20 top cities are now showing growth.
[inaudible] lou: what do you think? lo >> the general view is if you look at long-term trends fromne, 1968 onward, you know that there was a bubble in the 2006 and wei 2007 time.the general vi the general view is that it will take a while to get their. lou: so someone is looking at am profit and they might eagerlyrah jumper t at that rather than wat
for a full gross? >> that is the general deal. the lou: we are looking at the trila housing market value, around 17 trillion from a little over , $10 trillion in debt.t how much do you expect to see w- the market actually grow? u.s. >> well, the market is shrinking. you know, the u.s. consumers have leverage of about 124% and now it is about 114%. terms that is one of the biggest headwinds. that is not a such a bad thing either. if you think about.
lou: so you say that this is a market that is honorable? kn, >> i would say that this recovery is fragile. tchy. it depends -- it has also been very patchy., very it is going from a very low point in the economy, clouding some of this information. but i would think the fiscalmers cliff discussions are definitely not helping. coming consumers can see the implications of mortgage tax deductions. lou: what would happen if that would be implemented? th >> i think i would not recommen. lou: or not at this stage of theit recovery. lou: somehow i thought i would be your answer, as it would be for most homeowners who got used to that deduction. it is great to have you with us. the amaou. the fiscal cliff fiasco.
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lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thought i would show you what thuld happen if we change into the speaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 have right now. the cbo estimates fiscal year 2013 deficit will be, well,lionf
$1.64 trillion in taxes. $82 billion per year from the top 2%. senates the n same amount of net tax hikes in the president's 2013 budget that the senate rejected unanimously. byl the tax hikes that he is requesting, the national debt by it'll instead of 25.8%, that's where you get cut down. it will amount toll $25.4 trillion.that's we will call at obama wins. a r
the national media waiting forii that one. that is what will be. it will be a really dramaticis s scene. i want to show you exactly how changes. speaker boehner wants, oh, yeah? he is going to kick some tail. we are going to get to point you leally in dollars and the spending of this country.that'l let me rephrase that. total a $2.2 trillion reduction in thf total plan spending. we are looking at the republican
plan. we will show you just how tough it is. the only difference is how we get there. mr. obama wants one thing and mr. boehner once another.see and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they are just playing games. right along with the folks in
washington. this president is guilty of class warfare. for what? are you kidding me?ma. president obama seems to love rt the drama. i thought he didn't like drama. the reality is that there will be so little impact on our fiscal future. the after all of the drama and whateeer the outcome, we remaih in great jeopardy. because this isn't a fiscals. future. this is not something that any of us want. don't you love it? a lame-duck session of congress. they areon the ones who have to steer us away from the fiscal cliff. joining us tonight, governor jo mike huckabee. , the dumbest spyr
serve with them. tragic for america. lou: and the part that you said where it is tragic foru: us us. in our various institutions, since there are no consequences. sitting in an aircraft, we have a pretty strong light, and this actually the architect and the guy who presided over the largest conflict in american history, a conflict we have not won. >> to his credit, we have to give general petraeus credit. he is paid a price, nobody comes a general without slipping up to the top. i have extraordinary respect for these folks.
lou: you say these folks. no one respects for supports more or military than i do. if you will, i will not indulge the plural. i'm talking about a man who sent the cia down the gutter. >> i will not defend what he did, you can't. lou: why don't we try to get to what is going on. why are we putting up with this kind of nonsense and recognizing there is a culture the military and in washington that we have to get a hold of. >> i think it is a culture all over our society. look at the sports world. virtually no part of our culture in which people don't feel they don't have to be faithful to their congress or their spouse or their families and to their jobs. the ceo of lockheed martin just today forced out.
it is a pattern and it is not limited to the military. it permeates the entire american culture because we have said that we can pretty much do what we want to. we spent a generation saying there is no such thing as morality, it is old-fashioned. lou: that would be your generation and mine. >> that is exactly right. no thought of divorce, live and let live, free drugs, free sex, what do we expect? i think what we're doin we are e planted seeds when we were y do. i want to turn to, if i may. >> it isn't your show, you can do what you want to. lou: i feel compelled to talk about something other than politics because your lament about politics from the beginning. the grandfather's thoughts on things that matter most, we are at the very least could talk
about the things that matter most as we talk. love the fact you are embracing your grandchildren. i have five of them myself, proud of them all. >> you should be. lou: family is so important. >> we are not passing down to the next generation a sense of do right. we're not passing down to them this sense that there is something as important as honor, duty, respect, responsibility. this is written for every parent and every grandparent. i know my grandkids will not read this until i am long gone. they will bein their 40s or 50s before they care, but they will want connect with the people above them in order to connect the people coming after th. it is important we help to try to say we have made some real mistakes, but here are the things that matter. work, it matters to have respect for your parents, it matters to understand the world in which you live in, it matters to
understand who god is, it matters to think about the purpose of pain and suffering in your life. that is what is book does. i think it is a perfect segue because that is what is wrong with our culture. we have a don't let me have responsibility, let somebody else pay the price, i just want to have a good time and have it today.rought to you by the people who created o headedo help? is there any way to stop the document author of after america, mark stein joins me america, mark stein joins me ne this family used capital one venture miles
to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! ♪ lou: welcome all fundamental dishonesty at the heart of america's financial crisis. my next guest saas americans really seems of want a european size government with current american size tax rates. one or the other has got to go.
we will see. joining us now, author of the best seller, get ready for armageddon. also, a recording of -- i will explain my laughter. his new holiday cd, making spirits bright available on the amazon and itunes. i am trying to think how to do it. >> the words stuck in your throat. lou: it is terrific. it is wonderful. here to prove the point, and it's ggod to have you. i wish you lots of luck. by the way, s t eyn. that's right. and i got it covered. >> that's right. why do i have to take lessons from this impertinent foreigner. lou: i don't see anything important abouttit as see a lot of original thought and some damn fine intellect been brought to bear against an otherwise simple minded
politician that cannot quite grasp the importance of solutions. you do. >> i think that was the real question of the heart of my book. i think the question at the heart of the election that the world wanted the answer to. is the united states capable of serious course correction? and i think both on november the sixth and in the so-called fiscal clef, sokol negotiations that followed, we are telling the world that the united states is not capable of serious course correction, and that will have catastrophic consequences for america. lou: when you say catastrophic consequences, tonight it seems as if we are, this broadcast has been organized to prove your point. bill archer joined us, former house ways and means committee in 1996 who was president at almost the destruction of the government under president clinton and speaker gingrich. we have hisexperience, also the experience as a member of the budget commission put together
by president clinton which came to nothing. just as the simpson bowles commission came to nothing. and as this fiscal clef being managed by his president does t look promising. >> that is really the point you brought up earlier. when you have european levels of spending which we now have come up you have traditional american tax rates, that cannot give. americans have a certain self-image. canada, americans think of canada as a semi french socialist market. total governmenent spending in canada is about 42% of gdp. is now 41% in the united states commits of the difference between the sturdy, manley republic of limited government and self-reliance citizens and the semi french monarchy is actually just down to 1%. we actually spend, government spends more per citizen on the average american than the french
government does in the average frenchman. lou: i think you're being unfair to americans. we think of quebec, but certainly not all of canada, and more of our refuge. reach extreme. >> they're building a maple curtain. you better get there soon. lou: as we ok at what is happening, bill archer is talking about $86 trillion in unfunded liabilities as we cannot manage even e 16 trillion in debt or consecutive years of italian dollar eficits, brought to us by george w. bush, and all fairness. >> well, i think the point here is that when people make coarisons, comparisons are relevant because you can run the numbers ansay in terms of gdp -- relation to gdp or never, we are not quite as bad as greece or portugal ornever, but they are just talking about a few ring keating billions. a trillion word is really unique to the united states.
and i think that is what is going to kill us, the absolute numbers. germany can affo to bailout greece. nobody can afford to bailout the united states, and i would agree actually th bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american family. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and their children that will be paying a large measure of that. great to have you with us. making spirits bright. and after america with one of the ugliest pictures of an american cadaver toe tag to. >> doom and the oven is the into
debt. lou: at least some balance here. you know how much are presidenta taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other republicans taking the lead on emigration reforms?
so-called stem jobs act that would provide 55,000 permanent residency visas to foreign students with advanced degrees in science, technology, engineering, and mathematics. the republican measure drew fire from democrats, some democrats, some going so far as to level the measure racist. >> that is racist if not in its intent then certainly in its effect. republicans have received were just received historically low votes from minorities in the past election, yet they want to create an immigration system that gives vises with one hand while taking them away from minorities with the other. lou: joining as now, the co-author of numerous anti illegal immigration laws in a kansas secretary of state, also with us, the attorney, executive
cards in a lottery. i'm not kidding. we were giving them away in a lottery all over the world. what this does is take those 55,000 visas and gives them away in a way that serves our nation interest to people who have advanced degrees and can help our country. in contrast, the itsy act which is a different bill that went to the senate, i think that is a disaster. basically just a rehash amnesty version of the. >> translator:. i think it is dead on arrival and am hopeful that republicans we will hold t line and resist amnesty. lou: well, i don't personally understand how we could not witness the republican party and democrats. the itsy backs, to be fair, does
not provide for citizenship. provides a pathway, if you will, for legal status with some rather strict conditions. >> well, because amnesty is anything that gives the illegal alien what he is stolen from the united states, whch is a presence in the united states. >> kind of a child you. >> hold on. the edgy backed gives you basically a green card forever. permanent residence status forever. even though you don't get citizenship, you get to stay here forever. now, the question of stealing, if you are giving someone lawful presence which they did not have to wait in line. lou: i have to get him in here. i appreciate you. time constraints. your reaction to both of these legislative -- >> i mean, as a piece of
legislation, of very solid step toward. practically zero unemployment. the house of representatives could have done bettr. we are actually need workers who are skilled engineers but who are skilled workers. lou: aren't you worried about doing what has been done to the past seven years, to quibble and let the perfect the enemy of the good? we will come back and get the
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stimac to? >> yes, we are worried about the senateation and diversity. what is in store for 2013? wh well, a range of conservatives have beenr talking about this ad i think we have a lot of fun in in store for us next year's the one all four of us have what witnessed what has been the painfully slow and frustrating footless path over the course of the past seven or eight years. in which democrats are insistin upon the whole rather than incrementalism and reform. when will we get to an enlightened position where we talk sta about whatr is in the national interest nterest and get rid of
this work comprehension, which all too often is misused? to this point it has been futile? >> it can be done. you can do it, the president is of the same party and what the chairman has done, you see. >> i look at what the speaker says. that we actually need a national immigration strategy that servicer nations interest i believe the republicans are starting to put their vision for the reforms and his national immigration system on the table. come january, speaker boehner,
senator mcconnell, will they be able to wrangle their caucuses. lou: i don't think they will have to wrangle them so much. i'm not sure that they are going to be pursuing what you are intimating. >> what are your thoughts? are you prepared to make compromise over this achieved asked? >> not if it retains the amnesty power, which means giving presents to those who are illegal in the country. it is a fiction to think that we suddenly embrace amnesty and abandon our principles. ronald reagan got 35% of the latino d.